What does the Baocheng Team Tao Te Ching do?

It is a bragging organization that recruits people to form the Jinjia Tower through pyramid schemes. The country brags that the members will be given 100 million, the squad leader 300 million, the squad leader is three times the squad leader, and the squadron and brigade are both 300 million. times the income below. He lectures on the Tao Te Ching every day, full of benevolence, justice and morality, but in practice he is selfish, pulling in relatives and colleagues and placing them in important positions. They even bring in some villains with bad moral character and who are only interested in profit.

MLM refers to the behavior of organizers developing people and illegally obtaining wealth by developing people or requiring people to be developed to obtain qualifications to join on the condition of paying a certain fee. The essence of MLM is a "Ponzi scheme", that is, using the money of those who come after you to distribute the profits of those who came before you.

New type of MLM: It does not restrict personal freedom, does not collect ID cards and mobile phones, and does not take large classes collectively. Instead, it uses capital operation as a banner to attract people to defraud money, and uses driving luxury cars, wearing gold and silver, etc. Use money to attract, let your relatives and friends join, and finally make you lose all your money.

On April 21, 1998, pyramid schemes were completely banned. In August 2017, four departments including the Ministry of Education and the Ministry of Public Security issued a notice calling for severe crackdowns and banning of pyramid schemes in accordance with the law. The notice emphasized that " Various MLM organizations that lure job seekers to join under the guise of "recruitment" and "job introduction" are banned in accordance with the law.

The latest judgment was issued by the court on May 2, 2018. The 65 kinds of "MLM coins" involved exceeded 10 billion, and more than 10 million people bought them.